Blockchain firm wins funding for one of its businesses

Ownum, the Bernie Moreno-founded company that is developing several businesses using blockchain technology, has secured funding for Vital Chain, which digitizes birth and death certificates. Ownum also announced that Vital Chain has its first client: the MetroHealth System.

Medici Ventures, the blockchain venture subsidiary of internet retailer Overstock.com, will acquire an undisclosed equity stake in Vital Chain and assist Vital Chain with product development. MetroHealth, Cuyahoga County’s public health system, also will assist in building the Vital Chain product.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Jay Miller.

Originally published March 12, 2020.